Tag: CBE

Dollar exchange rate expected to exceed EGP 7.8 this week

CBE sold $40m of periodic dollar bid, with average dollar exchange rate…

CBE raises dollar price by 10 piasters at official auction

The Central Bank of Egypt (CBE) allowed the Egyptian pound to deteriorate…

Daily News Egypt Daily News Egypt

Government targets EGP 262bn loan for budget deficit in Q1 of FY 2015/2016

Ministry of Finance to issue treasury bills with EGP 189.5bn and treasury…

Daily News Egypt Daily News Egypt

Fitch confirms Egypt’s “B” rating, outlook is stable

Budget deficit expected to decrease to 11.6% of GDP in FY15, in…

Menna Samir Menna Samir

Banks invest over EGP 159bn in fixed income tools in 1 week: CBE

EGP 138.7bn invested in CBE and EGP 20.75bn in treasury bonds, treasury…

Daily News Egypt Daily News Egypt

Nuts with the taste of revolution

Hazelnut prices increased three or four times to reach EGP 170 ($22.2)…

Shaimaa Al-Aees Shaimaa Al-Aees

Tourism sector has to double its labour force to cover market needs: Badran

Ministry finances numerous training centres and programmes with EGP 30m to EGP…

Rana Yehia Rana Yehia

Dollar crisis, long procedures affect technology imports: Importer

CBE only covers requests for strategic goods despite lack of alternative local…

Shaimaa Al-Aees Shaimaa Al-Aees

Local, international institutions offer to invest $928.5m in treasury bills: CBE

The CBE launched this auction using $700m, receiving offers worth $928.5m to…

Daily News Egypt Daily News Egypt

AIBK allocates EGP 300m to mortgage finance: SME Sector Head

The bank has 420 units under financing in 10th of Ramadan City…

Shaimaa Al-Aees Shaimaa Al-Aees